On the recordJune 27, 2012
My amendment would reduce the proposed funding for salaries and expenses of the Office of Public and Indian Housing by $6.5 million. This is one of 13 offices which would receive increases for administrative expenses in the underlying bill. Madam Chairman, we're in an economic emergency as a Nation. We're broke. We absolutely must stop spending money that we don't have. We're borrowing 40 cents or more on every dollar that the Federal Government expends. Raising the funding for the Office of Public and Indian Housing by $6.5 million while we're broke makes no fiscal sense to me. This particular increase is among the highest for all the offices funded under this legislation. My amendment would simply freeze funding for this office for this next year. Passage of my amendment would bring this account back to this year's FY 2012 levels. I urge support of my amendment, and I yield back the balance of my time.
